17 days on rocket

346 W Queen Ln, Philadelphia, PA, 19144

$699,999

0.10 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
ViewCity
MLS #PAPH2416546
Lot Size0.10 Acres
StatusActive
(ACTIVE)

About 346 W Queen Ln

QUEEN'S COMMONS: Zoning-approved multifamily development opportunity in NWPHL (Northwest Philadelphia), straddling two (2) in-demand neighborhoods: East Falls and Germantown. This value engineered proposed development features 5 floors of wood frame construction with 21 units throughout ±19,697 SF with ground floor commercial space, storage, fitness center, amenity space and green roof terrace atop the building showcasing sensational views of the Philly skyline. This boutique, elevator building will feature sixteen (16) 1bd x 1ba apartments and four (4) 2bd x 2ba apartments. This prominent site benefits from 52’ of frontage totaling roughly ±4,380 SF or prime urban land. Easy access to East Falls borough amenities, breweries, shops and restaurants, as well as Queen Lane Septa Station (regional rail), Germantown Cricket Club, Germantown Friends School, William Penn Charter School and Thomas Jefferson University, as well as downtown Germantown. Purchase this approved real estate in a Top-10 USA MSA today and plant your company’s flag in PHL. Enquire within for PPP (pro forma, permits, plans). 10 year tax abatement-eligible. Pay taxes on assessed land value for 10 years rather than the improvements (21 unit building). This area is poised for above-average rent growth and appreciation and is surrounded by progressive new development in every direction. Make your move.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Liberty Place
  • Office Phone: (609) 399-5454
  • Listing Agent: Ryan J McManus

Exterior Features

Exterior Information:

  • View: City

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Other

Directions Information:

  • Directions: BETWEEN MORRIS AND PULASKI.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,999

Tax Information:

  • Annual Amount: $1,029
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

346 W Queen Ln vs Philadelphia

17 DAYS ON ROCKET

-27 Days

$699,999

+$438.1K More

KEY TAKEAWAY

This property is $438.1K more than the Median Sold Price in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2416546

Listing Office:

  • Office Name: Keller Williams Liberty Place
  • Office Phone: (609) 399-5454
  • Listing Agent: Ryan J McManus

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 18, 2018Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,029 -
2019$1,731$123,700
2018$1,279$91,400
2017$2,150$153,600

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-563634
3
/10
  • John B. Kelly Elementary School

  • 5116 Pulaski Ave

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-563635
4
/10
  • Mastery Charter School John Wister Elementary School

  • 67 E Bringhurst St

  • 0.69 miles

  • Public Charter Grades KG-5

school-card-donut-563636
3
/10
  • James Logan Elementary School

  • 1700 Lindley Ave

  • 1.27 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,127. Most Philadelphia, PA residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 346 W Queen Ln

What is the listing price of this property?

The listing price of 346 W Queen Ln property is $699,999.

What type of property is this?

The property 346 W Queen Ln is land located in Philadelphia, Pennsylvania, 19144.

Is this property for sale now?

Active Listing: 346 W Queen Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,029 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 18, 2018 for $35,000. (source: MLS/tax record).

How much acreage is this property?

The property 346 W Queen Ln is 0.10 acres.
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Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia19144346 W Queen Ln

This home is located at 346 W Queen Ln in Philadelphia, PA and zip code 19144 in the Germantown / Chestnut Hill neighborhood. This home sits on a 0.10 acre lot. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $699,999.

In October 2024, from all listings sold in Philadelphia, PA there were more than 252 sold above asking price, over 567 sold below and more than 237 were sold right at the asked price. The inventory of homes for sale in Philadelphia, PA between September 2024 and October 2024 increased by 9.8%. Listings spent 44 days on the market in October 2024, and had a median list price of $261,807 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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